Bitcoin Absorbs Fed Rate Hike as Officials Anticipate Further Tightening
Bitcoin maintained its position near pre-announcement levels around $76,000 on Wednesday, showing minimal immediate reaction to the U.S. Federal Reserve’s decision to raise its benchmark interest rate for the first time since 2023. Fed Raises Rates by 25 Basis Points The Federal Open Market Committee voted unanimously to increase rates by 25 basis points, setting ...